Ryanair’s (RYAAY) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Ryanair (NASDAQ:RYAAY)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, The Fly reports.

RYAAY has been the topic of several other reports. Wolfe Research upgraded shares of Ryanair from a “peer perform” rating to an “outperform” rating in a research note on Tuesday, February 2nd. Redburn Partners downgraded shares of Ryanair from a “buy” rating to a “neutral” rating in a research note on Friday, March 19th. AlphaValue downgraded shares of Ryanair to a “buy” rating in a research note on Wednesday, April 7th. HSBC downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Monday, April 12th. Finally, Credit Suisse Group restated an “outperform” rating on shares of Ryanair in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $101.50.

Shares of NASDAQ:RYAAY traded down $0.10 on Tuesday, hitting $113.52. The company had a trading volume of 5,038 shares, compared to its average volume of 426,764. Ryanair has a 1-year low of $55.62 and a 1-year high of $121.40. The stock has a market cap of $25.60 billion, a price-to-earnings ratio of -24.79 and a beta of 1.61. The stock has a 50 day moving average price of $113.04 and a 200 day moving average price of $107.67. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.70.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Perigon Wealth Management LLC bought a new position in shares of Ryanair in the fourth quarter worth about $25,000. Fifth Third Bancorp lifted its holdings in shares of Ryanair by 2,400.0% in the first quarter. Fifth Third Bancorp now owns 250 shares of the transportation company’s stock worth $29,000 after acquiring an additional 240 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Ryanair in the first quarter worth about $32,000. Graves Light Private Wealth Management Inc. bought a new position in shares of Ryanair in the fourth quarter worth about $35,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in shares of Ryanair by 47.8% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 402 shares of the transportation company’s stock worth $44,000 after acquiring an additional 130 shares during the last quarter. 45.39% of the stock is owned by institutional investors and hedge funds.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and Other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled services and internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation and hotel services, car hire, and travel insurance through its Website and mobile app.

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